India’s antitrust body launched raids early on Thursday against two top domestic sellers of online retail giant Amazon.com Inc, and some on Walmart’s Flipkart, following accusations of com...

Vedanta has acquired Nicomet, a leading nickel and cobalt producer based in Goa, for an undisclosed amount. The Anil Agarwal-company has become the only nickel producer in the country. “India ...

In a significant verdict, the Supreme Court on Tuesday held that the National Company Law Tribunal (NCLT) cannot compel a party to settle a dispute under the Insolvency and Bankruptcy Code (IBC) as it...

Financial creditors of Srei group non bank finance companies — Srei Infrastructure Finance (SIFL) and Srei Equipment Finance (SEFL) — could go forward with a joint insolvency proposal with...

The Reserve Bank of India (RBI) on Thursday said it has filed an application with the National Company Tribunal Ltd (NCLT) to initiate bankruptcy proceedings against Reliance Capital Ltd (RCL), just t...

The Reserve Bank of India (RBI) on Monday superseded the board of Reliance Capital Ltd, heaping further ignominy on beleaguered industrialist Anil Ambani who has seen his once-feted business empire cr...

The Supreme Court on Monday asked the National Company Law Tribunal (NCLT) to decide within two months the insolvency proceedings of Jaypee Infratech after some of the aggrieved homebuyers complained ...

Financial creditors of two non-bank finance companies of the Srei group — Srei Infrastructure Finance (SIFL) and Srei Equipment Finance (SEFL) — may evaluate the prospect of a consolidated...

Bankers to troubled tea planter McLeod Russel India Ltd have finally come on board to restructure the outstanding debt of the company under a Reserve Bank of India (RBI)-mandated framework, marking a ...

The Piramal group has completed the acquisition of Dewan Housing Finance Corporation Ltd (DHFL) by paying Rs 34,250 crore to the creditors of the housing finance company. This marks the first su...